QT 5.0.0 Static Build Fail

I'm completely new to QT, trying to build it from source so I can configure it for static build in Windows 7. I have tried to do it several times. It goes on for quite awhile, then fails. I tried to figure it out on my own, and have looked around on the forums but can't find anyone that has experienced something similar so I am throwing down the towel and asking for help. I'm following the instructions included exactly. As follows: